June Snapshot shows 22% reduction in sales transactions for 1st half of 2009.
Posted on July 23rd, 2009 by Al Lorenz
Sales dollars in Homes/Condos in the Wenatchee area are down by 28% compared to 2008 as well.
The most striking feature of the Pacific Appraisals Snapshot Report is the monthly sales volume, available inventory and months supply at various price levels. Sales volume over $250,000 drops off steeply and sales volume over $400,000 is less than 1 per month in most price ranges! Some good news is that the number of homes on the market has stopped climbing and currently sits at 643 as of the end of June.
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